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Junior Gold/Silver Miners Rolling Over?


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#11 SilentOne

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Posted 09 February 2007 - 06:18 PM

dougie,

resistance at 350: can you show me that: sorry to be so slow

Silent: the weekly HUI macd is crossing up this week. it has been a pretty good LT signal...


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I'm simply selling resistance here (no shorts). Count the number of times this has been a good strategy in the last year. :)

I grant you that the metals may grind higher. But the HUI and XAU will get bogged down once again at these levels.

cheers,

john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#12 dougie

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Posted 09 February 2007 - 11:34 PM

NIce call so Far Silent!